1. Microeconomic Policy Essay
This improvement in productivity can be attributed to the adoption of more flexible labour market practices including enterprise bargaining; the range of microeconomic reform measures introduced to make markets more competitive and the increasing absorption of new technologies which has led to capital deepening in the labour force. ... The types of economy wide or macroeconomic gains include lower inflation through a system of more competitive domestic market and lower unemployment through reforms in the labour market. ...
- Word Count: 1779
- Approx Pages: 7
- Grade Level: Undergraduate